Sac's Bar Holdings Inc <9990.T>::SAC'S BAR HOLDINGS INC - TO BUY BACK UP TO 1.36% OF OWN SHARES WORTH 500 MILLION YEN.
Aug 29(Reuters) - Sac's Bar Holdings Inc <9990.T>:Says a Tokyo-based real estate leasing firm will acquire 19.5 percent stake in the company on Aug. 29 .Says the Tokyo-based real estate leasing firm will increase stake to 19.5 percent from 0 percent and will become top shareholder of the company.Says its current top shareholder will cut stake in the company to 6.8 percent from 26.3 percent and will become the second biggest shareholder.Effective Aug. 29.
Nikkei: Sac's Bar Holdings likely will report 15 percent drop in operating profit on the year to around 2 billion yen ($19.2 million) for April-September half - Nikkei . For the full year, Sac's Bar Holdings Inc sees 2 percent increase in operating profit to 4.8 billion yen - Nikkei .Sac's Bar Holdings Inc plans to cut prices on women's handbags in second half in a bid to bolster sales - Nikkei.
SAC'S BAR HOLDINGS INC:To distribute 331,300 shares of its treasury common stock at 1,452.35 yen per share through private placement.To raise 481,163,555 yen in total through private placement.Says subscription date on Dec. 29 and payment date on Dec. 30.
SAC'S BAR HOLDINGS INC:To distribute 450,000 shares of its treasury common stock through private placement to Mizuho Securities Co., Ltd at paid-in price of 1,452.35 yen per share, or up to 653,557,500 yen in total.Subscription date on Dec. 29 and payment date on Dec. 30.
SAC'S BAR HOLDINGS INC:To distribute 450,000 shares of its treasury common stock through private placement to Mizuho Securities Co., Ltd.Subscription date on Dec. 29 and payment date on Dec. 30.
SAC'S BAR HOLDINGS INC:Sees year-end dividend of 25 yen per share raised from 20 yen per share, for fiscal year ending March 2015.
TOKYO DERICA CO LTD:Sees year-end dividend of 20.00 yen per share lowered from 28.00 yen per share for the FY ending March 2015, due to stock split.
TOKYO DERICA CO LTD:To pay year-end dividend of 28 yen per share, above the latest dividend forecast of 24 yen per share, for fiscal year 2014.Record date March 31 and effective date June 27.
TOKYO DERICA CO LTD:To restructure the company into a holding company, effective Oct. 1.This move will involve the transfer of its businesses to a wholly owned subsidiary established on May 9, which will be engaged in retail and wholesale of bags, wallets and miscellaneous goods in Tokyo.To change company name into SAC'S BAR HOLDINGS INC., on Oct. 1.